SAD Officer

Attend trainings and meetings as assigned to learn and familiarize with Bank’s established loan policies and procedures.Provide assistance to SAD Senior Officer and Team Leader with various facets of loan underwriting together with its required due diligence.Comply with all Bank guidelines, procedures, and eligibility requirements at all times.Comply with regulatory requirements including Bank Secrecy Act- Anti Money Laundering, OFAC, US Patriot Act, Privacy Act and Community Reinvestment Act.Assist and accompany Team Leader or Portfolio Manager on site visits and performance of on-site interviews and collateral inspections.Under the direction, guidance and supervision of Team Leader or Portfolio Manager, order and review appraisal and environmental reports if applicable.Draft and present various reports for supervising officer’s review and make revisions promptly and accurately as directed.Underwrite and assist Team Leader’s underwriting of Commercial Credit Memorandums (“CCMs”) and other internal approval requests and memos under supervision of Team Leader and present such work products to the appropriate lending authority for approval.Monitor and timely handle the portfolio of accounts assigned and work closely with his/her Team Leader for formulation of various strategies involving collection, workout, liquidation, and litigation.Work closely with various outside vendors needed to monitor or facilitate the collection of problem loans such as attorneys, foreclosure companies, asset search companies, title companies.Comply with the department’s established guidelines on filing and maintenance of loan and Special Assets working files – both electronic and physical.Comply with the departments established desk top procedures in the performance of duties and responsibilities.Follow up on various follow-up covenants under the loan document such as collection of annual tax returns, financial statements, and complete quarterly compliance certificate and annual review as required for existing loan portfolios.Conduct at least one CRA call each quarter and participate in community affairs to identify the needs and to enhance the Bank’s CRA activities.Proper record keeping of all relevant documents for all loans assigned.Communicate with all obligors, as well as all involved and interested third parties on an assigned loan as the primary contact for the Bank.Assess and analyze problems and causes of problems on loans at time of assignment through making timely business site visitations, interviewing obligors, reviewing loan files.Identify and report to appropriate channels any significant document discrepancies pertaining to loan and collateral.Collect and analyze relevant information for loan workout, collateral liquidation, and legal actions.Exercise prudent judgment in the care, preservation, and liquidation of collateral.Act and communicate in such manner to minimize liability for the Bank.Recommend and discuss workout and or liquidation strategies to minimize loss to the Bank and to maximize recovery.Initiate and monitor liquidation and legal actions carried out by outside professionals.Periodically and accurately report to the management as to the status of all assigned problem loans – i.e. monthly SAD Status Log, SAD Meeting Report, OREO Status Report, Classified Asset Report, Charge Off / Recovery Log, Charge Off Status Log, etc.Subject to final approval by the appropriate approving authority, negotiate with obligors, 3rd parties, buyers, vendors on terms and conditions.Review and comply with the End-User Computing Agreement.Comply with the Bank’s security program, including but not limited to:Review and comply with the End-User Computing AgreementAcquire good knowledge on functions and usage of computer systems as related to the assigned job functions.Be current and knowledgeable in industry’s trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.Job Qualifications/RequirementsMinimum Education Level: Bachelor’s DegreeCombination of Experience and Education can meet the job requirements: YesRequired: Previous experience working with team settings.Good oral communication skills; ability to define problems, collect data, establish facts, and draw conclusions.Comply with all guidelines, procedures and eligibility requirementsComply with regulatory requirements including Bank Secrecy Act- Anti Money Laundering, OFAC, US Patriot Act, Privacy Act and Community Reinvestment ActPrevious experience a plus.Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.Ability to respond effectively to the most sensitive inquiries or customer complaints.Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions. .Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.Ability to demonstrate a high level of ethical behavior and follow the Code of Conduct.Ability to remain flexible in order to adapt to changes in the work environment.Ability to study and apply new information.Ability to take initiative and prioritize tasks; good time-management, problem prevention, and problem-solving skills.Ability to work accurately with close attention to detail.Ability to maintain confidentiality of sensitive information.Ability to work with co-workers, customers, and outside agencies professionally and tactfully.Possess a work ethic that includes neatness, punctuality, and accuracy.Exhibit a professional, businesslike appearance and demeanor.Ability to travel on short notice.Drive long distances.The salary range for this full-time position is $24.04 Hourly - $28.85 Hourly + bonus + benefits Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.Job SummaryRequisition Number: SADOF006900Job Category: SADSchedule: Full-Time